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The Business Magazine July 2024
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Chapel Down vineyard considers sale

Chapel Down's vineyard in Kent
Chapel Down's vineyard in Kent
26 June 2024
Chapel Down's vineyard in Kent

Kent vineyard Chapel Down is considering a sale option to continue the company's growth trajectory.

The company announced this week that it would be carrying out a strategic review of options to fund its plan to continue driving strong and profitable growth in the long-term.

Chapel Down’s growth strategy includes investing in new vineyards, a new purpose-built winery to be operational for the 2026 harvest and the development its new HQ at Tenterden.

READ MORE: Chapel Down takes aim at Moet with plans for new Canterbury winery

The firm said that it was considering all long-term funding options including investment from existing shareholders, investment from new shareholders, a sale of the Company, and other relevant transactions.

The Company remains on-track to deliver double digit sales growth in 2024 and retains a strong balance sheet with significant headroom to its existing debt facility of £12m and has reached agreement in principle to extend and increase this facility.

There can be no certainty that a transaction will be pursued by the Company, nor as to the terms of any eventual transaction.

Rothschild & Co is acting as Lead Financial Adviser to the Company in relation to the strategic review.

Singer Capital Markets is Nominated Adviser and Broker to the Company.

READ MORE: Chapel Down informs LSE bumper harvest will permit production of two million wine bottles


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Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

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